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    302 Avenue U Lubbock, TX 79415

    For Sale
    $220,000

    MULTI_FAMILY - Lubbock, TX

    Property size:
    1,865 SF
    Lot size:
    0.16 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for 302 Avenue U

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    R41315
    Parking features
    On Street, Driveway
    Size
    1,865 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1951
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Vinyl
    Building materials
    Masonite
    Roof type
    Composition

    Reside Real Estate Co. (806) 370-0282

    Listing agent Chester McDougal (806) 905-8080 License #0649035

    Listing date Nov 24, 2025

    MLS# 202563406 Listing URL

    Copyright © 2025 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lubbock Triplex with Recent Updates

    This multifamily property in Lubbock, Texas, features three units: one 2-bedroom, 1-bathroom unit and two 1-bedroom, 1-bathroom units. The property has a total size of 1865 square feet and is situated on a 0.16-acre lot. Each unit has been updated with new paint, light fixtures, countertops, and flooring.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lubbock
    County
    Lubbock
    State
    Texas
    Longitude
    -101.862197
    Latitude
    33.594122

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Lubbock, TX, featuring updated interiors.
    Where is this triplex located?
    The property is located at 302 Avenue U Lubbock, TX.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Three separate units (2/1, 1/1, and 1/1) offer income potential or multi-generational living.; - Recent renovations include **new paint, light fixtures, countertops, and flooring in all units.**; - Central heating and air conditioning provide climate control.
    (806) 905-8080
    Request Owner's contact information
    302 Avenue U Lubbock, TX 79415
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    Lubbock, TX 79415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    302 Avenue U Lubbock, TX 79415
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